Trustpilot Group Full Year 2023 Earnings: EPS Beats Expectations

Trustpilot Group (LON:TRST) Full Year 2023 Results

Key Financial Results

• Revenue: US$176.4m (up 18% from FY 2022).
• Net income: US$7.11m (up from US$14.6m loss in FY 2022).
• Profit margin: 4.0% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
• EPS: US$0.017 (up from US$0.035 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Trustpilot Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom.

Performance of the British Interactive Media and Services industry.

The company's shares are down 2.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Trustpilot Group's balance sheet health.

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